Mazzucato: Private Debt Is the Problem, Not Deficits

Mazzucato: Private Debt Is the Problem, Not Deficits

Assessment

Interactive Video

Business

University

Hard

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The video discusses overlooked economic thinking gaining traction due to political events like Brexit and Trump. It highlights issues with business investment, policy roles, and the need for market shaping. The focus is on financialization, short-termism, and the impact on R&D and human capital. The UK and US face wage stagnation and private debt issues, emphasizing the need for stakeholder capitalism over shareholder capitalism.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways does the text indicate that the UK is getting economic policies wrong?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What lessons does the text suggest can be learned from Germany regarding capitalism?

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